New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-11-29
WABASH REORG4NIZATIOy.
MAIN POINTS or TIE NEW PLAN.



OTHERS.
Tho following statement gives in a condensed fo,p,
The main points OF tho now Wabash reorganization
plan and viii enable the bondhodcrs to fo.m an in
''i III opinion Of It without going through the whole
agrccm nj:
,, ne prominent features Of tho reorganization plan
On l. II provides for the dnposir Of all mortgage bond,
cin d 81, "i me W ->i>'iIpi River. and The fore
49, ~ l'iir "F az 81 90" NOR; cages th'If whcr
d' u may b; n'cc, ~ 70 perfect lille. Tic over
OF the rSt Norl gage Bonds. except the
: i''i'."h Win interest on same 10 November
aic to be c,~hed 10y the Central Trust Com
. Upon legal acquisition t. the tile to these lines.
w. are I" D" consolidated with The wabash Western
Ia AWAY company, now operating the lines west Of
= D. The me-" Consolidated Company l,.to execute 2
fny years from, November l. - ON ali il, lines
ana property tEr> acquired intn hitch mort gage aic
lnc5 ~ This Issue Of FIRST Mo1rse, Bonds.
Tll'ilo'o arr 10 hc reserved pros ldr fir t'
% c, n " ,'pl western 3il"ay or the remalnIcr,
: 100000 may he used for ihc arG;ls!lion OF the
r.. 80 ', !" r'p'S thr h"n'N advanced ny M
LinN' l"mllny ON lnst Mour'-r coupons. II not
usnd only for the acquisition 81 other pro icIty of
railway h'N at not over so COO per mile; bu,. In
covered ny The hrS' mortgage The Overdue coupons
of me second Mortgages. the Consolidated Mortcasc.
bonds - this issue
t. The n'w company IS also TO execute second
ei.i,,,t I,i,.r "a - M a'.' w co., ~ W.
~, Icr,nd w., ~ % s W 81 g. iro IL ~
Con.nliI,,,d A, ,''.,, ,', 49,, 49,, ~ a., n1 IA
,t,,,,'. ' ''' ~ i.'N'u u.u an ~
a,'',,,i -, ~, ','' w. ~ ~" '"iVr'Inir ii" .
T." ~ "I ihi' .,HU, aI' dlpipiIlai'
nm, .ttn ',' ~ me ~" i',h l'!u ~ , r .,
t, ~ 90. anu M, ~ "''I,r" nl ~ ar 49,
'F''', va r'',i' i'i,lN- zoe" "N hn ~ lno' 'l
raiN ar" ",-II.auN c"ril"E dh"ni - 'r"' W. VIII w
~ - ~ ~ "'l ''"'' - - Il ''' u.
- in H. @LcfGn" coupon, 81 Re S.c"ni N"Tiea
irr - AID no .,e..l,,c ,i,,.,n. Of RI, con
e.f4.o,I NIrr an, n. f,.l Iaif a. " I'll a. Nh,
nvcrlc rouroI,. Of H. Nl.rf-a.. seven. OF I-7g IRE
10 Dee laid in Cr-t mort ra. l,u,s at the lar yalrc
g Tho >.cnrJ Norfcage + IN waive foreclosure
ric,. for ~ ro.,,l ,ft~r nu,. default on two
cniu.rs for that rer"J but mi. waiver vim cc,.r
.f.r ,b,c. CO.,. -, .,,'-,.,,,i,c i,,r., ,,vrcr, an,
,n or,a ~ ''" VI '''''' INV '"''' P'9" WI
IN ,r.,,'t,., ,.i, fii J., Usual h,. ,l,. TINS,
vtir, rcc,ri,tt ar, -, ~. r,-I,ocJ bv n,-r,,cd cor
trr.tcs uc-.laIi, n tL. Vev. ynrt stork Fychauro
.',, Tx c,, -, o., AL i.,tl ,c,.,nt.,,v
,-.cc,,,.s and cr,,,.ol .cr,ir,,c ,rlI Ir,r ,n,c~
a, = non ,.,, ,,, .,,,,,, tr,,,, V,-e,bcr D., -
'a,.,l T.. .,,.i ,.'@,,.ti. a.. .i ',c- -
Tho r,rc,,,'l,, 49,. ,i'.,-c ,,i,b rho Tr,e
Common, COO 81 ...,,'.,.,t - ,.,ii,,',, and
=, 3. 5000 - 81 o., - M , - ....,,.t t,iI,,.,..
,.,,,,-,., ~, ,.., H.. i''',,,', 49,. 49,.
. 49,. 'i,r ''' ''''' "'''' q" '''' ~
- cs- nu,Iires -ive f., , condensed form, the rror
oeitiope now >1lr.',d - ne hordho'dcr~ Tho rlan
a6vr,,iu, r"upo,s ~ trd iir, v,lfgsgc Eords win
in,ef,.t ON .,,1o tn November I 1--1 and fir me
,.,r,c,t 80 Al, o,.-,Iu. ,,,r,.n. on tho ~ernnd Nnrt
l,s,. H. % itt,', ,' -, 80. ~ "a
IN ilrSi N"rt,ie' Hond.. "h"r''ri M H!l, ',n
10y ,ty ,o @ ~ '' , ,t It ., ,tc ~,
i"ui' ~ ~ VIZ i'.. ilN , 'i'" to- '"' I''
' IN ,t $3.50, =, ,I.., - ,,'t ,t. c.,...lid,,c,